{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-23-000033","form_type":"8-K","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.874567+00:00","generated_at":"2026-06-11T13:34:16.150936+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stratus Properties Q2 2023 net loss $5.3M; revenue down 68% on no property sales","bullets":["Net loss of $5.3M ($0.64/diluted share) vs net income of $96.6M ($11.53) in Q2 2022; six-month loss $11.1M.","Total revenue fell to $3.53M from $11.1M; leasing revenue up to $3.47M but real estate ops revenue near zero.","EBITDA was negative $3.84M vs positive $1.46M a year ago; operating loss widened to $5.35M.","The Saint June (182-unit multifamily) began occupancy July 2023, completion expected Sept 2023.","Share buybacks consumed $9.8M of $10M authorization; cash $44.1M, no revolver drawn, debt $137.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-23-000033","json":"https://secwatch.observer/filing/0000885508-23-000033.json","markdown":"https://secwatch.observer/filing/0000885508-23-000033.md","text":"https://secwatch.observer/filing/0000885508-23-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000033/0000885508-23-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000033/strs-20230814.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T13:34:16.150936+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0f13a3d89d679acbe4b6ac39d52f0179c6bc3bd2","claim":"STRATUS PROPERTIES INC reported second-quarter 2023 results: net income Net loss attributable to common stockholders totaled $5.3 million, or $0.64 per diluted share, in second-quarter 2023.","evidence_excerpt":"Stratus Properties Inc. issued a press release dated August 14, 2023, announcing its second-quarter 2023 results.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000033/0000885508-23-000033-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second-quarter 2023"},{"label":"Net income","value":"Net loss attributable to common stockholders totaled $5.3 million, or $0.64 per diluted share, in second-quarter 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}